Markets were mostly up today, but the Money is rolling out of Retail and Small Caps and into Large Blue Chips like the 30 DOW Stocks. The DOW Index made a New High today, which is masking the internal weakness of the Markets.
The major Indices are going up to re-test the recent Highs. Please wait for Money Wave Buy Signals below.
Crude Oil was down today at $75.15.
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The Following Investments will probably have a Money Wave Buy Signal soon.
(Slow Stochastic Closing > 20) on today’s Close.
BUYS TODAY
KKR KKR & CO. LP Money Wave Buy today. KKR will not be logged, as the Volume is Way below average.
TRXC TRANSENTERIX, INC. Money Wave Buy today. TRXC will not be logged, as it is already up 6% today.
We will “Not Log” trades if the Reward/Risk is not at least 2:1.
Money Wave Buys Signals Soon:
CGC CANOPY GROWTH CORP.
CRON CRONOS GROUP
FDC FIRST DATA CORP.
LOW LOWES CO.
TNDM TANDEM DIABETES
VKTX VIKING THERA.
Please be patient and wait for Money Wave Buy Signals. We will email you when they are ready. Click on Watch List.
Emotions are very high now, so please do not Buy unless you are VERY NIMBLE. The Leaders are still Way Above the Green Lines (all Investments eventually return to their Green Lines).
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SELLS TODAY
EXIT TGT TARGET CORP. if it is going to Close below your Buy Price, or $87.68 on the Close.
EXIT FNKO FUNKO, INC. if it is going to Close below the Pink Line around $21.35 on the Close. This trade was not logged.
Please Check PORTFOLIO (Open Positions) and adjust your Sell Stops.
Click for CLOSED POSITIONS.
Many like to Buy the day before, near the Close, if the Money Wave is going to create a Buy Signal (Closing > 20).
Don’t Buy if the Investment has already popped up too much. Money Wave Buys are usually good for a 3-6 % move in a few days. We will “Not Log” trades if the Reward/Risk is not at least 2:1.